Given | Sales | 8,000,000 | |||
Given | Total Assets Turnover | 3.2 | |||
Sales/ Total Assets | 3.2 | ||||
Total Assets | Sales/3.2 | ||||
2,500,000 | |||||
Given | Comon Equity | 45% of Total Assets | |||
Common Equity | 1,125,000 | ||||
Given | ROE | 10% | |||
ROE | Net Income / Equity | ||||
Net Income | ROE * Equity | ||||
112,500 | |||||
Net Income | 112,500 | ||||
aps Book Precious Metal Mining has $8 million in sales, its ROE is 10%, and its...
DuPONT AND NET INCOME Precious Metal Mining has $15 million in sales, its ROE is 17%, and its total assets turnover is 2.5x. Common equity on the firm's balance sheet is 55% of its total assets. What is its net income? Write out your answer completely. For example, 5 million should be entered as 5,000,000. Round your answer to the nearest cent. Do not round intermediate steps.
Precious Metal Mining has $9 million in sales, its ROE is 17%, and its total assets turnover is 2.5x. Common equity on the firm’s balance sheet is 80% of its total assets. What is its net income? Write out your answer completely. For example, 5 million should be entered as 5,000,000. Round your answer to the nearest cent. Do not round intermediate steps. Please show how with step by step with a calculator.
Precious Metal Mining has $16 million in sales, its ROE is 18%, and its total assets turnover is 3.2x. Common equity on the firm’s balance sheet is 60% of its total assets. What is its net income? Write out your answer completely. For example, 5 million should be entered as 5,000,000. Round your answer to the nearest cent. Do not round intermediate steps. $ Hampton Industries had $75,000 in cash at year-end 2015 and $15,000 in cash at year-end 2016....
odule 1 Homework Assignment Scone 63.33s Save Submit Assignment for Grading 14 of 20 a Check My Work (3 remaining) Click here to read the eBook: Potential Misuses of Roe DuPONT AND NET INCOME Precious Metal Mining has $20 million in sales, its ROE is 11%, and its total assets turnover is 2.5x. Common eq.ty on the firm's balance sheet is 40%of its total assets, what is its net income? Write out your answer completely. For example, 5 million should...
5. Ebersoll Mining has $6 million in sales; its ROE is 12%; and its total assets turnover is 3.2x. The company is 50% equity financed. What is its net income?
1. Baxley Brothers has a DSO of 15 days, and its annual sales are $4,015,000. What is its accounts receivable balance? Assume that it uses a 365-day year. Round your answer to the nearest cent. $ 2. Kaye's Kitchenware has a market/book ratio equal to 1. Its stock price is $14 per share and it has 5 million shares outstanding. The firm's total capital is $140 million and it finances with only debt and common equity. What is its debt-to-capital...
Ebersoll Mining has $430,000 in sales,its ROE is 16.25%, and its total assets turnover is 5.30×. The company is 73% equity financed, and it has no preferred stock outstanding. What is its net income?
DuPONT AND ROE A firm has a profit margin of 7% and an equity multiplier of 2.1. Its sales are $300 million, and it has total assets of $180 million. What is its ROE? Do not round intermediate calculations. Round your answer to two decimal places. %
Lease versus Buy Big Sky Mining Company must install $1.5 million of new machinery in its Nevada mine. It can obtain a bank loan for 100% of the purchase price, or it can lease the machinery. Assume that the following facts apply: 1. The machinery falls into the MACRS 3-year class. (The depreciation rates for Year 1 through Year 4 are equal to 0.3333, 0.4445, 0.1481, and 0.0741.) 2. Under either the lease or the purchase, Big Sky must pay...
Lease versus Buy Big Sky Mining Company must install $1.5 million of new machinery in its Nevada mine. It can obtain a bank loan for 100% of the purchase price, or it can lease the machinery. Assume that the following facts apply: 1. The machinery falls into the MACRS 3-year class. (The depreciation rates for Year 1 through Year 4 are equal to 0.3333, 0.4445, 0.1481, and 0.0741.) 2. Under either the lease or the purchase, Big Sky must pay...